National Business

VANCOUVER — A new report says the U.S. benefits at least as much from trade with Canada as Canada benefits. The report by economist Jim Stanford at the Centre for Future Work says claims by incoming U.S.

EDMONTON — Alberta Premier Danielle Smith, fresh off a weekend visit with U.S. President-elect Donald Trump, says if Ottawa uses an energy embargo to combat Trump's promised tariffs, it would spark a "national unity crisis.

TORONTO — Canada's main stock index was down more than 150 points in late-morning trading, weighed down by losses in technology stocks, while U.S. stock markets were mixed. The S&P/TSX composite index was down 170.37 points at 24,597.36.

OTTAWA — The cost to send a letter in Canada is increasing by about 25 per cent, effective today. Canada Post says the cost of stamps for domestic mail bought in a booklet, coil or pane has increased by 25 cents to $1.24 per stamp.

TORONTO — The U.S. Securities and Exchange Commission says BMO has agreed to pay more than US$40 million to settle charges related to the bank's alleged supervision failure in bond selling.

VANCOUVER — Lululemon Athletica Inc. has raised its forecast for revenue and earnings per share for its fourth quarter following a strong holiday season.

NEW YORK (AP) — Drops for Nvidia and other superstar stocks are dragging U.S. indexes lower and keeping Wall Street stuck in its weekslong rut. The S&P 500 fell 0.8% early Monday. The index is coming off its fourth losing week in the last five.

TORONTO — Cineplex says its box office revenue for December was up from a year earlier as movies released in November including Wicked and Moana 2 gained momentum. The movie theatre company says box office revenue in December totalled $64.

CALGARY — Cannabis retailer High Tide Inc. has signed a deal to acquire a 51 per cent stake in German medical cannabis company Purecan GmbH in a deal worth about 4.8 million euros or about $7.1 million.

TORONTO — Toronto-based Float Financial Solutions Inc. says it has signed a $70 million financing round led by Goldman Sachs' growth equity division.